Thanks for joining this thread, @dstewart2394.
If you're linking this fee with a sales receipt or invoice payment, you can create a bank deposit and put the Merchant fee under Add funds to this deposit section by putting a negative sign before the amount. Doing this will offset the total amount of the bank deposit and be able to match it with a bank deposit transaction.
You can follow the steps below:
- Sign in to your QuickBooks Online account.
- Click on the + New menu at the top and select the Bank Deposit.
- Choose a bank account in the Account field.
- Check the Sales receipt/Payment box.
- Go to the Add funds to this deposit section.
- In the Account column, enter Credit Card transaction fees.
- Enter the amount as a negative.
- Hit on Save and close.
Otherwise, you can create an expense if this merchant fee is a separate expense BANKCARD 8710 MTOT DISC transaction.
- Click on the + New menu at the top and select the Bank Deposit.
- Choose a bank account in the Account field.
- Under Category details, select an expense account.
- Enter the expense Amount.
- Hit on Save and Close.
For more information: Record and make bank deposits in QuickBooks Online.
You may want to visit this article to learn how to add transactions directly to an account register moving forward: Manually add transactions to account registers in QuickBooks Online.
Let me know if you have additional concerns besides your inquiry about bank deposits in QuickBooks Online. We're here to assist you at any time.
